Internet of Things Company for Sale in Bangalore, India
Provide IoT solutions and hardware for agriculture sector with more than 10 corporate clients.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 70 - 80 thousand |
| Run Rate Sales | USD 70 thousand |
| EBITDA Margin | Nil |
| Industries | Internet of Things |
| Locations | Bangalore |
| Local Time | 9:56 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
900 thousand
(Native Currency: INR 75,000,000)
Reason: The promoter's business is at break even. We were not able to make sales as expected this year and t...
View More
Includes physical assets worth
USD
700
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Domain-Verification.pdf
(212.7 KB)
ROC-Verification.pdf
(61.1 KB)
Business Overview
- We are an IoT solution and hardware provider that mainly works in the agriculture sector.
- At present we have around 3 hardware products that monitor, control, and provide data for weather, storage, and farm conditions.
- We also have developed a software suite that acts as the management centre and is integrated with the hardware side. This allows us to enable different apps and different dashboards for different crops and users.
- IoT cloud for device management with different processing pipelines. Report and alert engine.
- Have around 10 corporate clients in India but we are in talks with companies worldwide to expand our market internationally.
- Product parts are sourced from suppliers but the entire mounting and assembly are done in-house.
- Revenue is generated from the sale of hardware and charge on each application of the software suite.
- We were not able to run the business well this year as compared to the previous one. Business is at break-even and we now are looking for a full sale of this business.
- At present we have around 3 hardware products that monitor, control, and provide data for weather, storage, and farm conditions.
- We also have developed a software suite that acts as the management centre and is integrated with the hardware side. This allows us to enable different apps and different dashboards for different crops and users.
- IoT cloud for device management with different processing pipelines. Report and alert engine.
- Have around 10 corporate clients in India but we are in talks with companies worldwide to expand our market internationally.
- Product parts are sourced from suppliers but the entire mounting and assembly are done in-house.
- Revenue is generated from the sale of hardware and charge on each application of the software suite.
- We were not able to run the business well this year as compared to the previous one. Business is at break-even and we now are looking for a full sale of this business.
Products & Services Overview
3 hardware products and a software suite to help monitor, analyse and control variables in farm land, storage and weather data.
Assets Overview
Minimal assets such as furniture and equipment.10 B2B clients and 60+ individual farmers.
Facilities Overview
Single floor, rented office in HSR layout, Bangalore.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, IoT Manufacturer, Orlando, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, IT And Consulting, London, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Conglomerate, Bangalore, Individual Investor / Buyer connected with the Business
Tags:
Internet of Things Company for Sale in Bangalore, India
·Purchase Internet of Things Company in Bangalore, India
·Home Automation Company for Sale in Bangalore, India
·Purchase Home Automation Company in Bangalore, India
·Buy Internet of Things Company in Bangalore, India
·Internet of Things Company for Sale in Bengaluru
·Purchase Internet of Things Company in Bengaluru
·Buy Home Automation Company in Bangalore, India
·Home Automation Company for Sale in Bengaluru
·Purchase Home Automation Company in Bengaluru
·Buy Internet of Things Company in Bengaluru
·IoT Company for Sale in Bangalore, India
·Buy Home Automation Company in Bengaluru
·Purchase IoT Company in Bangalore, India
·Internet of Things Company for Sale
·Buy IoT Company in Bangalore, India
·IoT Company for Sale in Bengaluru
·Purchase IoT Company in Bengaluru
·Home Automation Company for Sale
·Buy IoT Company in Bengaluru
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
10 Buyers already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 106,500+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses